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Sam Bankman-Fried Disputes FTX US ‘Shortfall’ Claims, Critics Skeptical of Excel Spreadsheet Defense

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Following an update from FTX debtors about the $5.5 billion discovered by administrators during an investigation, former FTX CEO Sam Bankman-Fried (SBF) took to Twitter to share a blog post from his Substack newsletter. SBF stated that the presentation published by litigation firm Sullivan & Cromwell is “extremely misleading” and that FTX US is solvent … Read more

Blockchain Technology Talk is Largely Nonsense

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Every so often, corporate business blushes its latest fad speak. Disruptive. Paradigm shift. 2.0, 3.0. Game changer. For about half a decade now, blockchain technology has been the phrasing du jure among ecosystem corporatists and assorted scammers. It’s weak jingoism employed to disguise against real innovation, cryptocurrency. Blockchain is just a damn database, a giant … Read more